Free Trial

Govt Bond Yields Edge Back From New Highs

CANADA
  • Govt bond yields have pulled back slightly after hitting new recent highs shortly after opening, keeping the shorter end just above yesterday’s close.
  • Earlier highs saw the 2Y at new post-pandemic highs whilst both the 5Y and 10Y are the highest since March 2019 respectively. The 10Y exceeded the previous post-pandemic high of 1.803% immediately prior to Omicron earlier this week.
  • 2Y +0.5bps at 1.278%, 5Y +0.5bps at 1.704%, 10Y -0.4bps at 1.885% and 30Y -0.4bps at 2.098%.
  • The 2Y remains some 23bps above Treasuries whilst the 10Y is close to parity at 1.5bps above, as it has been this week.
  • CPI for Dec in 25mins.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.